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Employer benefits may not be affected as strongly by healthcare reform

Employer benefits may not be affected as strongly by healthcare reform

A report from the Midwest Business Group on Health showed that healthcare reform may not strongly affect business benefits, and this has some employers showing less concern.

A total of 6 percent of employers noted they would still drop coverage for their employees, while paying the fee to conserve cash, the report noted. This figure is more than 50 percent lower than when the question was asked two years ago. In addition, only 42 percent of companies want the bill removed altogether.

"While employers uniformly expressed concern with the administrative costs and reporting burdens in the law, there was surprising support for many of the coverage and system reform provisions," said Larry Boress, MBGH president and chief executive officer.

Those consumers who aren't utilizing their company's healthcare plan, or want to find a policy that is more sufficient and form-fit to their needs, it may benefit them to compare health insurance quotes. There could be an option that is more affordable than their current plan, but does not skimp on health needs.